Discovery Lithium Inc. announced the appointments of Dr. Jacob (Jaap) Verbaas, P. Geo, and Mr. Eric Negraeff to its board of directors with immediate effect. Dr. Verbaas is an exploration geologist with an MSc. from Utrecht University and a PhD from Simon Fraser University.

His focus has been regional targeting and identification of exploration strategies for discovery-stage projects. He found and staked the HSP nickel-copper project during his time as VP Exploration with Go Metals, a company that drilled the first nickel intercept in the Havre St. Pierre anorthosite complex in Quebec.

He was also CEO of CAVU Energy Metals until its merger with Alpha Copper and currently serves as CEO of Gama Explorations. Dr. Verbaas is a registered Professional Geologist with EGBC. Mr. Negraeff is an accomplished entrepreneur with over 20 years of professional capital markets experience.

He is Vice President of Corporate Development at Incite Capital Markets and has built a strong history of success at C.M. Oliver &Company and subsequently at PI Financial. Eric became a successful proprietary trader creating a profitable division designed to take advantage of unique arbitrage opportunities. He then went on to manage a proprietary trading desk where he designed trading strategies and managed credit risk for high net worth and institutional clientele.

After spending more than a decade as an investment advisor at PI Financial specializing in helping clients build their portfolio and raising capital for small to mid-size companies (both public and private) across multiple industries, Eric joined Incite Capital Markets. He has spent the past 5 years working with his capital markets clients assisting them with fund raising, strategic planning, investor relations, and corporate communication. In related news, Mr. Nicholas Houghton has stepped down and is no longer a member of the board.